First Time Home Buyers

If you are a first-time home buyer, coming up with the money needed for the required down payment on your first home purchase can be challenging. It’s much easier for current home owners to come up with down payment funds. They can simply apply all or a portion of the proceeds from the sale of […]

If you are thinking you can’t afford to buy a home because you don’t have the cash for a down payment, think again. Today, there are several loan programs available to first-time home buyers that make it possible to buy a home without a cash down payment. (You qualify as a first-time homebuyer if you […]

Homes just became more affordable for first-time home buyers under new federal lending guidelines that took effect on Saturday, December 13. Under the new guidelines, creditworthy first-time home buyers will be able to purchase homes with down payments as low as three percent on federally-insured mortgage loans backed by Fannie Mae and Freddie Mac. Previously, […]